Phillips auction sets record with $225 million total
On May 18, 2022, Phillips achieved its highest-ever auction total of $225 million in New York, with all lots sold. The top lot was Jean-Michel Basquiat's Untitled (Devil) (1982) from Yusaku Maezawa's collection, selling for $85 million. Alexander Calder's 39=50 (1959) fetched $15.65 million, Yayoi Kusama's Untitled (nets) (1959) sold for $10.5 million, and Yves Klein's Relief Éponge bleu sans titre (RE 49) (1961) reached $20 million. Mark Rothko's Untitled (1959) exceeded its high estimate, Andy Warhol's Flowers (1964) sold for $9.35 million, and Roy Lichtenstein's Nude (1997) went for $10.27 million. Emerging artists also performed well: Anna Weyant's Buffet II (2021) sold for over $700,000, María Berrío's Burrow of the Yellow (2013) neared $1 million, Cecily Brown's Angie (2005) fetched nearly $6 million, and Emmanuel Taku's The Three Damsels (2021) sold for four times its low estimate. Robert Manley, Phillips' vice president and co-head of 20th Century & Contemporary Art, noted that 70% of works sold above their high estimates and 14 of 31 artists were women.
Key facts
- Phillips auction on May 18, 2022 in New York achieved $225 million total, a record for the house.
- All lots were sold.
- Jean-Michel Basquiat's Untitled (Devil) (1982) sold for $85 million, from Yusaku Maezawa's collection.
- Alexander Calder's 39=50 (1959) sold for $15.65 million.
- Yayoi Kusama's Untitled (nets) (1959) sold for $10.5 million.
- Yves Klein's Relief Éponge bleu sans titre (RE 49) (1961) sold for $20 million.
- Mark Rothko's Untitled (1959) exceeded its high estimate.
- Andy Warhol's Flowers (1964) sold for $9.35 million.
- Roy Lichtenstein's Nude (1997) sold for $10.27 million.
- Anna Weyant's Buffet II (2021) sold for over $700,000.
- María Berrío's Burrow of the Yellow (2013) neared $1 million.
- Cecily Brown's Angie (2005) fetched nearly $6 million.
- Emmanuel Taku's The Three Damsels (2021) sold for four times its low estimate.
- 70% of works sold above high estimates.
- 14 of 31 artists were women.
Entities
Artists
- Jean-Michel Basquiat
- Alexander Calder
- Yayoi Kusama
- Yves Klein
- Mark Rothko
- Andy Warhol
- Roy Lichtenstein
- Anna Weyant
- María Berrío
- Cecily Brown
- Emmanuel Taku
- Charles Wilp
- Alma-Tadema
- Cy Twombly
- Mark Grotjahn
- Willem de Kooning
- Joan Mitchell
- Marc Chagall
- Robert Motherwell
- Lucy Bull
- Loie Hollowell
- Rashid Johnson
- Avery Singer
- Julie Mehretu
- Jack Walls
- Pablo Picasso
- Christopher Wool
- Ding Shilun
- Nathanaëlle Herbelin
- Florian Krewer
- Lee Jaffe
- Giulia Bianco
- Flora Yukhnovich
- Sean Scully
- Emma McIntyre
- Banksy
- Giorgio Armani
Institutions
- Phillips
- Christie's
- Sotheby's
- Artribune
- Phillips Americas
- Vienna State Opera
- Guggenheim New York
- 24Ore Business School
- Università degli Studi di Catania
Locations
- New York
- United States
- Asia
- Hong Kong
- China
- Canada
- Colombia
- Ghana
- Germany
- San Pietroburgo
- Paris
- London
- United Kingdom
- Thailand
- Tel Aviv
- Israel
- Milan
- Italy
- Catania